Ladder Capital (LADR) Misses Q3 EPS by 10c

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Go back to Ladder Capital (LADR) Misses Q3 EPS by 10c

Ladder Capital Corp Reports Third Quarter 2015 Results

November 4, 2015 4:39 PM EST

Financial Highlights

Generated third quarter Core Earnings of $41.2 million Core EPS of $0.40 for the third quarter of 2015 (Diluted EPS on a GAAP basis of $0.06) Originated $836.1 million of commercial mortgage loans, including $649.1 million of mortgage loans held for sale and $187.0 million of mortgage loans held for investment, and made $26.5 million of net leased and other equity investments during the quarter Contributed $860.1 million of loans to 3 securitization transactions in the third quarter of 2015 (completed 7 securitizations thus far in 2015)... More